Hi Fellow traders
I'll be starting my regular post of my bias of the market. Using Futures market as a indication of potential strength and weakness of the market.
Bias will be shorter bearish on S&P as you can see from the comparison of Nasdaq VS S&P that S&P is failing to break higher higher forming a bearish SMT. As overall longer term trend 1H and 4H is still bullish. We will be playing a retracement leg.
Specifically shorting S&P > Nasdaq.
My prediction would be that market will open lower.
I'll be starting my regular post of my bias of the market. Using Futures market as a indication of potential strength and weakness of the market.
Bias will be shorter bearish on S&P as you can see from the comparison of Nasdaq VS S&P that S&P is failing to break higher higher forming a bearish SMT. As overall longer term trend 1H and 4H is still bullish. We will be playing a retracement leg.
Specifically shorting S&P > Nasdaq.
My prediction would be that market will open lower.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.